SanDisk price target raised to $70 from $55 at Susquehanna

theflyonthewall.com

Susquehanna raised its price target on SanDisk following recent channel checks. The firm cited increased momentum and changes in the NAND industry, diversification of end markets, and potential to end 2013 with an annualized earnings run rate of $6.00 per share. Shares are Positive rated.

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